AvePoint Inc reports results for the quarter ended December 31 - Earnings Summary
28/02/2025 03:22
AvePoint Inc AVPT.OQ reported a quarterly adjusted loss of 4 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 6 cents. The mean expectation of seven analysts for the quarter was for earnings of 5 cents per share. Wall Street expected results to range from 3 cents to 6 cents per share. Revenue rose 19.5% to $89.18 million from a year ago; analysts expected $88.05 million. AvePoint Inc's reported EPS for the quarter was a loss of 9 cents. The company reported a quarterly loss of $17.19 million. AvePoint Inc shares had risen by 5.6% this quarter. FORECAST CHANGES The mean earnings estimate of analysts had fallen by about 6.4% in the last three months. In the last 30 days, one analyst negatively revised an earnings estimate RECOMMENDATIONS The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is also "buy" Wall Street's median 12-month price target for AvePoint Inc is $18.00 This summary was machine generated from LSEG data February 28 at 03:21 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
| QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
| Dec. 31 2024 | 0.05 | -0.04 | Missed |
| Sep. 30 2024 | 0.05 | 0.06 | Beat |
| Jun. 30 2024 | 0.02 | -0.01 | Missed |
| Mar. 31 2024 | 0.01 | 0.04 | Beat |